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Truevo Wins Mastercard’s Market Shaker Award

market shaker wim and charles 1

Truevo, a full-service card acquirer and payment service provider, has been awarded the Mastercard Market Shaker Award from Mastercard Direct Services. Mastercard Direct Services, the European business-to-business arm of Mastercard,  held the awards ceremony to celebrate outstanding service providers. The accolade distinguishes payments companies pushing the boundaries of card services and those introducing innovative, popular products into the marketplace. Chief Operating Officer Charles Grech and Chief Product Officer Wim Pardon represented Truevo at the Mastercard Direct Services (MCDS) Annual Payment Conference in Dubrovnik, Croatia where they accepted the award recognising the company’s “invaluable contribution to a cashless payments society.”

Among Mastercard’s clients across Europe, Truevo is one of our best. We chose Truevo to receive MCDS’s Market Shaker Award because they are truly shaking the industry of Acquiring in Europe by demonstrating impressive growth and increases in volume. The business of Acquiring is flourishing in Europe thanks to partners like Truevo who are on the forefront. Congratulations to Truevo on this well-deserved achievement.

Alexander Budyakov, Head of Mastercard Direct Services Europe

Over the past years, we have worked hard to introduce card payments into emerging markets and industries. Mastercard has been and continues to be a reliable partner who is committed to assist members to develop their businesses through a solid relationship with Mastercard Direct Services. It is therefore with great pleasure that we receive the MCDS Market Shaker Award as recognition of our efforts.

Charles Grech, Chief Operating Officer at Truevo

Truevo was also recently awarded “Best Payment Provider of the Year” by the Malta iGaming Excellence Awards. The company’s focus is on providing fast, flexible and easy payment solutions to businesses that need to take payments online and in-person. It is recognised for innovative products like its push payments solution which allows businesses to send near-instant payouts to over a billion eligible Mastercard and Visa cards. For businesses sending payments such as expense reimbursements, insurance claim compensation, winnings payouts, or fund disbursements by e-commerce marketplaces, the solution is both crucial and convenient.  

About Truevo

Truevo has been a principal Mastercard partner since January 2015, and is a proud card acquirer offering businesses the ability to accept Mastercard, Visa, and Maestro. With Truevo, customers can accept card payments in over 150 currencies and receive settlements in the currency of their choice. Truevo is a PCI DSS compliant payments provider and is licensed by the MFSA. Truevo services industries from iGaming to Retail and everything in between.

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